Personal Care Ingredients Market worth $17,600.0 Million by 2020
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Browse 78 market data tables and 103 figures spread through 155 pages and in-depth TOC on “Personal Care Ingredients Market - Global Trends & Forecasts to 2020"
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The personal care ingredients market size in terms of value is projected to reach $17.6 Billion by 2020, at a CAGR of 5.4% between 2015 and 2020.
Skin care to be the largest application for the personal care ingredients market
Personal care ingredients have applications such as skin care, hair care, oral care and others. Skin care application accounted for 43.8% share in terms of value in 2014. Increase in demand of personal care ingredients such as surfactants, conditioning polymers, emollients, rheology control agents and others is mainly due to the changing lifestyle & rise in spending capacity, and increasing demand for multi-functional ingredients
Conditioning Polymers to have the highest growth
Conditioning Polymers are one of the major type of personal care ingredients, and is expected to witness highest growth rate of 7.3%, from 2015 to 2020. Conditioning polymers are majorly used in hair care products. Hair care segment is estimated to see a steep growth due to increasing demand for hair styling, hair conditioning products.
The leading players in the market include Ashland Inc. (U.S.), Croda International Plc (U.K.), BASF SE (Germany), Solvay S.A (Belgium), Stepan Company (U.S), The Dow Chemical Company (U.S.), Evonik Industries (Germany), DOW Corning (U.S.), and DSM (The Netherlands), and Clariant AG (The Switzerland).
The report covers the personal care ingredients market and its trends in four regions, North America, Europe, Asia-Pacific and RoW. The market has also been analyzed on the basis of types, such as surfactants, conditioning polymers, emollients, rheology control agents and others have also been studied and included in this report. The market has also been analyzed on the basis of application such as skin care, hair care, oral care and others.
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Authors: Pitch Engine
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